Dreamland (NASDAQ:TDIC) CEO Wai Yue Seto Purchases 300,000 Shares of Company Stock

Dreamland Limited (NASDAQ:TDIC) CEO Wai Yue Seto purchased 300,000 shares of the stock in a transaction that occurred on Friday, October 9th. The shares were purchased at an average price of $2.00 per share, for a total transaction of $600,000.00. Following the completion of the purchase, the chief executive officer directly owned 1,369,890 shares of the company’s stock, valued at approximately $2,739,780. This trade represents a 28.04% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Dreamland Price Performance

Shares of TDIC opened at $2.28 on Thursday. The stock’s 50-day moving average price is $2.32 and its 200 day moving average price is $12.88. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.23 and a current ratio of 1.23. Dreamland Limited has a 12-month low of $1.51 and a 12-month high of $750.00.

Dreamland (NASDAQ:TDIC) last announced its quarterly earnings data on Monday, August 17th. The company reported ($8.04) EPS for the quarter. The business had revenue of $0.67 million during the quarter.

Wall Street Analyst Weigh In

A number of brokerages recently commented on TDIC. Wall Street Zen lowered Dreamland from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 1st. Weiss Ratings downgraded shares of Dreamland from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, August 24th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Dreamland Company Profile

We are an event management service provider based in Hong Kong with over eight years of experience in managing the entire or part of the event lifecycle for our customers. Events encompass a range of public and private events, from trade shows, conferences, concerts, exhibitions, charity galas, brand promotion events to internal corporate events. For enterprises, events offer a highly effective way to maximize their engagement with customers, helping enterprises to generate and qualify leads, deepen relationships with customers and build brand loyalty and advocacy, such as promotion of a brand by satisfied customers through customers sharing positive experiences on social media, providing referrals to friends and family, or simply telling others about the brand.